Technology ·
State as shareholder: Intel chief says White House won't meddle
The US government holds about 8.2% of Intel. According to the company's CEO, there is no policy of using that stake to interfere in business strategy.
Archive image · Photo: Sixflashphoto / Wikimedia Commons, CC BY-SA 4.0 (cropped and resized)
Intel's chief executive has said the administration in Washington has no policy of using its stake in the chipmaker to interfere in business strategy. Japanese business daily Nikkei Asia reported the remarks.
In 2025 the US converted promised funding into an $8.9 billion investment. That initially equalled a 9.9% stake, which has since been diluted to about 8.2%.